Payment Recovery
Failed Payments Can Be Recovered. Ecard Payment Recovery Can Help Your Bottom Line
Is your company facing an unusual high number of failed payments? With increased security measures with credit card companies, credit card information gets changed more now than ever before. While keeping credit customers safe, we work directly with our network of providers like Visa, Mastercard and Discover to ensure our technology is in line with their changes and timelines. We catch these changes for you so that your payments can still get processed. Over 90% of failed payment processing can be recovered when using the credit card recovery services with eCard Transactions.
Our Company History and Experiences Can Increase Your Revenue
Using 30 years of collected insights, data and cultivated algorithms, we are able to recover failed transactions more successfully than any other card processing company. Don’t let failed subscription billing fall through the cracks. In the end, this hurts you and your members. For over 22 years, we have helped businesses use our credit card recovery services to recover failed transactions instead of debt recovery or debt collection. Our technology will lead to increased monthly revenue and business growth.
Our Credit Card Recovery Services will:
- Recover Over 90% of Failed Transactions
- Increase Member Retention
- Decrease Subscription Billing Cancellations
- Increase Monthly Revenue
Avoid Failed Recurring Payments and Increase Monthly Revenue
Be Proactive in Customer Communication Instead of Reactive to Problems
Nearly 30% of cardholders experience at least one change in their credit card information every year. If you aren’t reaching out to your members often, you could be missing contact changes or customer contact information. With our automated member information updates, you can significantly reduce failed subscription billing due to these unpredictable changes. No one likes being a debt collector and or acting as a debt collection agency. Anticipate customer changes and automatically make those changes with our state-of-the-art software. This technology will increase your monthly cash flow, support your accounts receivable and avoid revenue losses. Avoid at least 10% of failed recurring payments by ensuring your customer data is kept up to date with eCard Transaction’s subscription payment solutions. Your in house payment options and payment due date experiences will be easier for you to manage and easier for your customers to use.
Minimize Churn and Maintain Positive Relationships
Protect Your Customers with the Leader in Subscription Management and Payment Recovery
Our partnerships with Discover, Mastercard and Visa ensure that our methods are safe and efficient for you and your cardholders. Your members’ personal information is encrypted and never shared, so you can trust that their subscription management is being handled honorably. With constant customer data updates, avoid unsuccessful recurring payments leading to customer dissatisfaction and frustration. Whether you’re an insurance company or private gym or any company with recurring payments, we can help save you time and money. Minimize churn rates and keep your members loyal to your business with our scheduled payment management solutions and Account Updater feature.
